These days, you can be sure that when a company announces it is being acquired, it will also be sued by a bevy of plaintiffs’ lawyers.
Merger litigation is a big issue in Delaware, and it reached a record rate last year. According to a new study that I prepared along with Matthew D. Cain, 97.5 percent of takeovers in 2013 with a value over $100 million experienced a shareholder lawsuit.
‘Enforcement 40’ for 2020
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